In the Budget date 28.2.11, the FM annoounced a new category of Individuals above the age of 80. They will be given Tax Exemptions upto Rs.5 Lakhs. My Question is.... Should the people above the age of 80 should be Taxed at all..?
No the government does not allow most people to live to that age because of such heavy & double taxation scheme.e.g. Income tax, sales tax, service tax,house tax water tax etcetra.So at least 10% of people who luckily survive to that point should be completely exempted.
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Jasraj
30/6/2011 03:27:59 pm
Sanjay is right... people that old getting taxed itself is a crime by the Govt...
If there is a limit for retirement so should b a limit for paying taxes...
unnecessary burden on the old people...
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R.Surana
25/8/2013 07:19:37 pm
If govt. brings back the black money then the govt. need not to charge anybody for the taxes.
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RAJEEV SACHDEVA
18/1/2012 08:22:25 pm
WHAT WILL HAPPEN IF A PERSON IS BORN ON 01-04-1932 .
WHETHER SUCH A PERSON SHALL BE CONSIDERED AS A SUPER CITIZEN
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Priyanka
18/3/2012 02:50:02 pm
Paying tax is only 4 looting citizen's money by political parties
And these govt ppl pull money frm senior citizens also!!!!!!!
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Abhishek
22/4/2012 05:30:07 pm
the govt should just say pay 10% of your earning no slabs no service tax no vat no cst flat 10% or may be 15% but flat all will fall into a flat bracket, there will be a smaller window for mistakes and avoiding taxes.
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Rohan
22/4/2012 05:32:09 pm
true no rebate on insurance, or property purchased, or installments flat X% i agree
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Seema Munjal
22/4/2012 05:32:45 pm
Agree with Abhishek and Rohan
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Ashima
22/4/2012 05:33:20 pm
It makes a lot of sense
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Abhishek
22/4/2012 05:34:51 pm
i ment for all but there should be no tax for Sr. citizens after retirement
Let us be rational and think in the interest of the country. Govt. expenses for providing you secured, peaceful, healthy life require money, you only have to pay if your income exceeds Rs. 5 lacs, that too after allowing all exemptions like Dividend, 80 C investment,insurence premia you pay etc.Imagin how Govt. can run Defence activities so technologically advanced and extremely costly all to be imported. And what about OIL, your every day need.
I think, pay what is legally required to pay. Also inculcate national obligatory spirit in your children
H.B.Vani
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My name is Kaushik Joshi. I come from a town called Kolhapur in India. I am a CA Final Student dreaming Big...
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